APS Issues RFP for Peaking Capacity

APS is seeking competitive proposals for approximately 400-800 megawatts
of capacity to meet peak demand beginning in 2021, specifically during
the months of June through September. APS will accept proposals for
power purchase agreements for delivery to the APS system beginning no
later than June 1, 2021. The entire RFP process will be monitored and
reviewed by a third-party independent monitor.

Information about proposal requirements and bidder registration is now
available online at www.aps.com/rfp.

As announced on April 24, APS plans to issue other RFPs to solicit
forest bioenergy solutions and battery retrofit opportunities for
APS-owned solar facilities. More specific information about those
requests will be released in the coming months.

APS
serves about 2.7 million people in 11 of Arizona’s 15 counties, and is
the Southwest’s foremost producer of clean, safe and reliable
electricity. Using a balanced energy mix that is nearly 50 percent
carbon-free, APS has one of the country’s cleanest energy portfolios,
including both Palo Verde Generating Station and renewable energy. The
company is also a proven leader in introducing technology and services
that offer customers choice and control over their energy consumption.
With headquarters in Phoenix, APS is the principal subsidiary of Pinnacle
West Capital Corp. (NYSE: PNW).

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